Braskem (BAK) Change in Working Capital (2009 - 2019)

Braskem (BAK) posted quarterly Change in Working Capital of $754719.8 for Q1 2019, down 46.16% year-on-year from $1.4 million in Q1 2018, and up 107.8% on a QoQ basis from -$9.7 million in Q4 2018.

Braskem (BAK) Change in Working Capital (2009 - 2019) Analysis & Trends

Braskem (BAK) has reported Change in Working Capital for 11 consecutive years, with $754719.8 the latest figure, recorded in Q1 2019.

  • Quarterly Change in Working Capital fell 46.16% year-over-year to $754719.8 in Q1 2019, while the trailing twelve-month figure through Mar 2019 was $18.9 million (down 71.0% YoY) and the FY2018 annual result came in at $20.0 million, down 70.12% from the prior year.
  • Change in Working Capital rose to $754719.8 in Q1 2019 per BAK's latest filing, from -$9.7 million in the prior quarter.
  • Over the last five years, Change in Working Capital for BAK reached as high as $36.7 million in Q3 2017 and fell as low as -$79.3 million in Q1 2015.
  • A 5-year average of -$1.9 million and a median of $3.7 million in 2016 frame the typical range for Change in Working Capital.
  • Annual changes were most pronounced in 2017 — Change in Working Capital jumped 615.74% — and 2018, when it plunged 150.36%.
  • Year by year, Change in Working Capital stood at -$68.2 million in 2015, then surged by 136.97% to $25.2 million in 2016, then dropped by 23.8% to $19.2 million in 2017, then tumbled by 150.36% to -$9.7 million in 2018, then surged by 107.8% to $754719.8 in 2019.
  • According to Business Quant data, Change in Working Capital over the past three periods registered $754719.8, -$9.7 million, and $13.8 million for Q1 2019, Q4 2018, and Q3 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Celanese 5.19 Bn 3.86 Bn 468.00 Mn -
2 Methanex 4.49 Bn 4.40 Bn - -4.21 Mn
3 Olin 2.69 Bn 2.50 Bn 75.80 Mn -
4 Braskem 1.98 Bn -218.50 Mn - -
5 Rex American Resources 1.49 Bn 1.21 Bn 28.91 Mn -
6 Green Plains 1.18 Bn 1.01 Bn 87.95 Mn -
7 Tronox Holdings 1.02 Bn 1.04 Bn 44.00 Mn -
8 Lsb Industries 880.78 Mn 699.14 Mn 35.79 Mn -
9 Westlake Chemical Partners 775.06 Mn 730.77 Mn 93.76 Mn -
10 AdvanSix 576.85 Mn 559.27 Mn 3.80 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2019 754,719.83
Mar 31, 2019 754,719.83
Dec 31, 2018 -9.67 Mn
Dec 31, 2018 -9.67 Mn
Sep 30, 2018 13.78 Mn
Sep 30, 2018 13.78 Mn
Jun 30, 2018 14.08 Mn
Jun 30, 2018 14.08 Mn
Mar 31, 2018 1.40 Mn
Mar 31, 2018 1.40 Mn
Dec 31, 2017 19.20 Mn
Dec 31, 2017 19.20 Mn
Sep 30, 2017 36.67 Mn
Sep 30, 2017 36.67 Mn
Jun 30, 2017 8.03 Mn
Jun 30, 2017 8.03 Mn
Mar 31, 2017 2.93 Mn
Mar 31, 2017 2.93 Mn
Dec 31, 2016 25.20 Mn
Dec 31, 2016 25.20 Mn